Latest news with #MetaGamingAccelerator
Indian Express
6 hours ago
- Business
- Indian Express
Meta launches new gaming accelerator in India with top VC firms to mentor developers
Meta has officially launched the Meta Gaming Accelerator, a three-month incubator programme aimed at nurturing small and medium game developers and gaming studios across India. The programme is being launched in collaboration with four venture capital (VC) firms, namely Elevation Capital, Kalaari Capital, Lumikai Fund, and Bitkraft Ventures. The announcement was made at Meta's Marketing Summit (Gaming Edition) that was held recently with participation from top brands, gaming studios, developers, and investors. The initiative comes at a time when India's gaming sector is witnessing rapid growth, fueled by mobile-first users, a vibrant creator economy, and emerging technologies like AI. The three-month programme will combine strategic support from Meta with structured mentoring from investors at the VC firms. Developers chosen for the programme will participate in specialised training that includes: -Ad monetisation and platform integration using Meta Ads and the Meta Audience Network. -Campaign optimisation and user acquisition strategies tailored for mobile gaming. -Workshops on Llama and AI-powered tools for storytelling, personalisation, and game design. -Business and funding mentorship, led by VC partners and industry experts. -Cross-border scaling guidance, helping Indian studios prepare for global market entry. The programme will culminate in a high-stakes Demo Day, where participants will present their progress to a panel of investors, Meta executives, and other gaming industry stakeholders. Top-performing studios may receive additional support, including platform-level amplification and potential funding to help scale user acquisition strategies through Meta's ecosystem. Arun Srinivas, managing director and head of Meta in India, emphasised the importance of closing the talent-opportunity gap. 'India's gaming community is a hotbed of creativity and innovation, but to unlock its full potential, we need to bridge the gap between talent and opportunity. That's why we're launching the Meta Gaming Accelerator – to provide Indian gaming developers with access to cutting-edge ad tools, expert mentorship, and critical guidance that they need to scale their businesses and take on the world,' Srinivas said. 'By combining expert sessions from Meta with structured guidance from the country's top Venture Capital firms, we hope to not just empower local success stories but also create a launchpad for Indian gaming companies to scale globally,' he added. The Meta Gaming Accelerator marks a strategic investment in India's digital and entrepreneurial ecosystem. It aim to empower the next generation of game developers by fueling innovation, job creation, and global competitiveness.
India Today
9 hours ago
- Business
- India Today
Meta launches India-first gaming accelerator to power next-gen game studios with AI and VC muscle
Meta Platforms, the parent company behind Facebook, WhatsApp and more, has announced its maiden accelerator program in India to help developers create their next breakthrough game title. The Meta Gaming Accelerator aims to bridge the gap between talent and opportunity by identifying, training, and mentoring small and medium game developers, studios and businesses so they can build world-class games at scale and at par with their global a release shared with the media, Meta said it plans to pick 20-30 emerging Indian developers and studios in its launch phase, without mentioning the criteria of selection. Once picked, these developers and studios will have access to a structured curriculum, over a period of three months wherein they will be offered strategic guidance across 'monetisation, user acquisition, cross-border scaling, and AI-led game development,' with a special focus on how they can integrate Meta's AI tools, including Llama, into game creation and optimisation AI has touched almost every aspect of our lives today. Gaming is also benefiting from some of this capability, reducing turn-around time while enhancing mechanics, whether it be through seamless character development or changing the way some of these games have traditionally been sold and played. Meta including AI in its course for developers isn't surprising. But at the same time, initiatives like the Meta Gaming Accelerator are the need of the hour since they can help dispel fears and concerns that AI will spike unemployment by giving deserving people the tools and opportunity to sharpen their skills and, basically, be The program is being launched in partnership with four leading Venture Capital Funds: Bitkraft Ventures, Kalaari Capital, Lumikai Fund, and Elevation Capital. Towards the end, Meta will host a demo day where participating developers will demonstrate how they leveraged its ecosystem to solve real-world growth challenges. Meta says the event will be attended by investors, Meta leadership, and industry stakeholders, providing a platform to not just showcase but also open avenues for potential funding and acquisition.'India's gaming community is a hotbed of creativity and innovation, but to unlock its full potential, we need to bridge the gap between talent and opportunity. That's why we're launching the Meta Gaming Accelerator – to provide Indian gaming developers with access to cutting-edge ad tools, expert mentorship, and critical guidance that they need to scale their businesses and take on the world,' Arun Srinivas, Managing Director and Head, Meta (India) said in a prepared statement. 'By combining expert sessions from Meta with structured guidance from the country's top Venture Capital firms, we hope to not just empower local success stories but also create a launchpad for Indian gaming companies to scale globally.'
